Related Services > Mortgages and Home Loans > Charter Bank - Mortgage - Insurance
Banking, Insurance and Mortgage Services

Products or Services
Banking, Insurance and Mortgage Services

Description
A Family of Services
It has been 30 years since Charter Mortgage Company began serving New Mexicans by offering home mortgages. The company has grown to include Charter Bank, Charter Insurance and Charter Commercial Mortgage. Charter remains today a locally owned and operated company dedicated to serving as the trusted financial services provider in New Mexico.

Charter Bank is a federally insured institution specializing in real estate-related lending, as well as offering an array of traditional banking services to both individuals and businesses.
• Ranked number 5 in New Mexico by asset size.
• Services over $3.5 billion in residential loans..
• Consistently high IDC Financial Ranking.

Charter Insurance Services, Inc. is an Independent Insurance Agency, providing both personal and business insurance. Charter specializes in helping their customers find the right insurance for all their needs at the right price from among the many companies that they represent.

Charter Commercial Mortgage is a commercial mortgage banking company specializing in long term, fixed rate, permanent loans on all types of income producing commercial properties.
• Loan sizes range from $500,000 to $200 million.
• Charter finances office, industrial, retail, health care and multi-family properties (including affordable tax credit properties).

Charter Mortgage Company originates residential real estate mortgage loans statewide through its branch and satellite locations in Albuquerque, Santa Fe, Hobbs and surrounding communities. Charter is New Mexico’s leading mortgage lender and also its largest provider of affordable housing financing.
• Ranked number 1 among New Mexico headquartered mortgage banks in residential loans originated.
• Consistently holds an 8% market share in the three county area of Bernalillo, Sandoval and Valencia.
• Originated more than 30% of New Mexico Mortgage Finance Authority’s (MFA) total production since the program began in 1974.
• Holds 15% of the market in FHA/VA loan origination in Bernalillo County.
• 49th Largest Ginnie Mae Lender nationally.

Charter Bank & Charter Mortgage provide:

Banking Services: Checking, Savings, Loans, Cash Management,Safe Deposit Boxes, Overdraft Privilege,
Traveler’s Cheques, Charter Visa Cards, Charter Cash & Check Cards, Charter Sweep Accounts, CDs, IRAs, Money Market Accounts, Statement Savings, Health Savings Accounts, Residential Construction Loans, Lot Acquisition, Second Mortgages, Home Equity Lines of Credit, Personal Loans, Retirement Plans, Revolving Lines of Credit, New Equipment and Business Expansion, Real Estate, Small Business Loans.

Residential Mortgages: Safety First, FNMA, Freddie Mac, Fixed, Nonprime, Adjustable, Interest-Only, Construction, Correspondent, Residential Mortgages, Residential Construction Loans, Lot Acquisition, Second Mortgages, Nonprime.

Commercial Mortgages: Commercial Real Estate, Commercial Construction, Commercial Mortgage, Builder Construction, Acquisition and Development.


Insurance: Personal and Business Insurance: Auto, Life, Health, Home, Renters, Umbrella, Workers’ Compensation, Directors’ and Officer Liability, Professional Liability, Group Health, Group Life, Disability, Condominium, Boat, Motorcycle, Long-term Care.

Awards
2006 Best Places to Work in New Mexico Award

Affiliations
Federal Home Loan Bank of Dallas; American Bankers Association; Independent Bankers Association; Independent Community Bankers Association; FDIC; Automated Clearing House Association; Independent Community Bankers of New Mexico

Awards
2006 Best Places to Work in New Mexico Award

Affiliations
Federal Home Loan Bank of Dallas; American Bankers Association; Independent Bankers Association; Independent Community Bankers Association; FDIC; Automated Clearing House Association; Independent Community Bankers of New Mexico